Just read a great article from RE/MAX on why realtors should incorporate. But it is not just realtors that should heed this advice. We have been providing this advice to our small business clients for many years. Incorporation with an S Corp status election gives...

How does a 0% tax rate sound. Opportunities are rare, but here are some ways to earn or receive income, without paying taxes on it. Contribute to a Roth IRA – For most people, this is a no-brainer. The Roth is a retirement account that allows the money...

Can you claim summer camp expenses for the dependent care credit? In many cases, the answer is yes. If your child meets certain requirements, there is nothing in the tax code that says you have to find the least expensive day care in order to claim the dependent care...

The 1099-C form is often a surprise when received in the mail. There are a number of situations which may result in a taxpayer receiving a 1099-C in the mail. For instance, You negotiate with your credit card company and they reduce your debt from $6000 to $2000....